Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 10 November 2021 to Questions 68337 and 68338 on Banks: Corporation Tax, whether his Department has made an estimate of the potential impact of the increase in corporation tax on receipts solely from banks.

No separate assessment of the increase in corporation tax receipts solely from banks has been made. HMRC does publish statistics on corporation tax receipts from banks, which can be found at this link:

https://www.gov.uk/government/collections/paye-and-corporation-tax-receipts-from-the-banking-sector